January 2020 Like For Like Sales Figures

by | Feb 10, 2020 | Sales Figures

Like for like sales figures bounce 5.5% for hospitality providers in January.

 

According to analysis of more than 1,500 sites using S4labour software, overall like for like sales were up 5.5% in January 2020, compared with the same month in 2019.

 

Unlike the vast majority of 2019, it was sites outside of London that saw the strongest sales growth, with a 6.1% uplift in sales outside the capital and a 3.2% rise in London.

 

There was also a small divergence between sales of food and drink. Drink sales in January 2020 were up 6.3% on January 2019, with food sales seeing a more modest rise of 4.3%.

 

The strong like for likes sales figures from the first month of 2020 should be put into the context of a relatively weak January in 2019, where sales were down 0.9% on 2018.  Last years dip in sales could have been linked to the growing number of people undertaking Dry January and Veganuary. With evidence that growing numbers of people participated in both initiatives in 2020, this month’s figures suggest that operators have managed to attract guests with a diverse range of preferences, catering for those cutting down on alcohol or meat. The figures fit in with a wider trend of the resurgence of the wet led pub.

Other Articles You May Like...
One Shifters

One Shifters

We are a diverse industry in every way. With a licensed trade market of around 100,000 sites, and a licensed market of another at least 100,000 outlets, we are massive. We have sites in every town, many villages, and in most communities; whether we are a morning...

read more
Hospitality Sales See Solid Growth in April

Hospitality Sales See Solid Growth in April

Hospitality sales were up 5.1% in April compared to the same month last year, data from S4labour has revealed. The overall increase was driven by sales outside of the capital, with non-London seeing an uptick of 7.2%. Meanwhile, London saw a decline of 1.2%...

read more
Now is the Time to Get Better at Labour Planning

Now is the Time to Get Better at Labour Planning

This week, I had quite a disappointing conversation with an operator. He didn’t make that much money and lived above the pub, taking out around £200 a week. We sat down together and went through his numbers after April’s increase in national insurance (NI) and...

read more